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Kinsale Capital Group Inc (KNSL) |
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Kinsale Capital Group Inc 's Quick Ratio
KNSL's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth
Kinsale Capital Group Inc 's Cash & cash equivalent grew by 24.81 % in the III Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Kinsale Capital Group Inc 's Quick Ratio to 2.44, Quick Ratio remained below Kinsale Capital Group Inc average.
Within Property & Casualty Insurance industry 13 other companies have achieved higher Quick Ratio than Kinsale Capital Group Inc in third quarter 2023. While Quick Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 125 to 258.
Explain Quick Ratio?
How much Cash & cash equivalents KNSL´s has?
What are KNSL´s Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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KNSL Quick Ratio |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Y / Y Current Liabilities Change |
61.95 % |
87.64 % |
82.53 % |
61.03 % |
52.54 % |
Y / Y Cash & cash equivalent Change |
-89.41 % |
-90.53 % |
-87.33 % |
-97.27 % |
35.04 % |
Quick Ratio MRQ |
2.44 |
2.38 |
4.06 |
0.65 |
37.36 |
KNSL's Total
Ranking |
# 258 |
# 125 |
# 49 |
# 1820 |
# 54 |
Seq. Current Liabilities Change |
21.69 % |
41.6 % |
-28.03 % |
30.58 % |
41 % |
Seq. Cash & cash equivalent Change |
24.81 % |
-16.98 % |
348.24 % |
-97.72 % |
11.62 % |
Quick Ratio third quarter 2023 Company Ranking |
Within: |
No. |
Property & Casualty Insurance Industry |
# 14 |
Financial Sector |
# 54 |
Overall Market |
# 258 |
Quick Ratio Statistics |
High |
Average |
Low |
80.95 |
44.56 |
0.65 |
(Mar 31 2018) |
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(Dec 31 2022) |
Cumulative Kinsale Capital Group Inc 's Quick Ratio
KNSL's Quick Ratio for the trailling 12 Months
KNSL Quick Ratio |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Y / Y Current Liabilities TTM Growth |
61.95 % |
87.64 % |
82.53 % |
61.03 % |
52.54 % |
Y / Y Cash & cash equivalent TTM Growth |
-89.41 % |
-90.53 % |
-87.33 % |
-97.27 % |
35.04 % |
Quick Ratio TTM |
2.27 |
9.88 |
19.09 |
28.84 |
43.53 |
Total
Ranking TTM |
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Seq. Current Liabilities TTM Growth |
21.69 % |
41.6 % |
-28.03 % |
30.58 % |
41 % |
Seq. Cash & cash equivalent TTM Growth |
24.81 % |
-16.98 % |
348.24 % |
-97.72 % |
11.62 % |
On the trailing twelve months basis Due to growth in Current Liabilities in the III Quarter 2023 to $78.61 millions, cumulative Quick Ratio decreased to 2.27 below the Kinsale Capital Group Inc average Quick Ratio. Quick Ratio is the average cumulative value over the last four quarters.
Among companies operating within Property & Casualty Insurance industry 13 other companies have achieved higher Quick Ratio than Kinsale Capital Group Inc . While Quick Ratio overall ranking has improved so far to 186, from total ranking during the twelve months ending second quarter 2023 at 802.
Explain Quick Ratio?
How much Cash & cash equivalents KNSL´s has?
What are KNSL´s Current Liabilities?
TTM Quick Ratio Company Ranking |
Within: |
No. |
Within the Property & Casualty Insurance Industry |
# 14 |
Financial Sector |
# 54 |
Within the Market |
# 258 |
trailing twelve months Quick Ratio Statistics |
High |
Average |
Low |
80.95 |
44.56 |
0.65 |
(Mar 31 2018) |
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(Dec 31 2022) |
Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Property & Casualty Insurance Industry | Quick Ratio | Sep 30 2023 MRQ Cash & cash equivalent | Sep 30 2023 MRQ Current Liabilities | Renaissancere Holdings Ltd | 5.76 | $ 23,798.137 Millions | $ 4,135.184 Millions | Root Inc | 5.33 | $ 637.900 Millions | $ 119.600 Millions | Oxbridge Re Holdings Limited | 5.27 | $ 1.801 Millions | $ 0.342 Millions | Assured Guaranty Ltd | 5.22 | $ 1,884.000 Millions | $ 361.000 Millions | Conifer Holdings Inc | 4.66 | $ 54.884 Millions | $ 11.768 Millions | Ambac Financial Group Inc | 3.63 | $ 2,100.000 Millions | $ 579.000 Millions | Kemper Corporation | 2.57 | $ 7,003.000 Millions | $ 2,724.500 Millions | Kinsale Capital Group Inc | 2.44 | $ 192.009 Millions | $ 78.611 Millions | Universal Insurance Holdings Inc | 2.19 | $ 1,375.090 Millions | $ 627.037 Millions | Enstar Group Ltd | 2.18 | $ 501.000 Millions | $ 230.000 Millions | American Financial Group Inc | 1.86 | $ 26,590.000 Millions | $ 14,289.000 Millions | Assurant Inc | 1.65 | $ 8,277.800 Millions | $ 5,002.300 Millions | Mercury General Corporation | 1.65 | $ 4,780.371 Millions | $ 2,890.526 Millions | Cincinnati Financial Corporation | 1.51 | $ 13,742.000 Millions | $ 9,077.000 Millions | Global Indemnity Group Llc | 1.51 | $ 1,333.565 Millions | $ 885.942 Millions | Rli Corp | 1.36 | $ 3,598.747 Millions | $ 2,636.451 Millions | Selective Insurance Group Inc | 1.36 | $ 7,213.146 Millions | $ 5,303.908 Millions | Travelers Companies inc | 1.26 | $ 77,665.000 Millions | $ 61,709.000 Millions | Berkshire Hathaway Inc | 1.21 | $ 22,435.000 Millions | $ 18,556.000 Millions | Tiptree Inc | 1.09 | $ 514.692 Millions | $ 471.241 Millions | Proassurance Corporation | 1.07 | $ 3,664.816 Millions | $ 3,427.669 Millions | Chubb Limited | 1.01 | $ 105,220.000 Millions | $ 104,486.000 Millions | Hci Group Inc | 1.00 | $ 742.695 Millions | $ 741.339 Millions | Kingstone Companies Inc | 0.95 | $ 147.920 Millions | $ 155.785 Millions | Heritage Insurance Holdings Inc | 0.88 | $ 880.368 Millions | $ 1,005.027 Millions | Hippo Holdings Inc | 0.86 | $ 558.400 Millions | $ 651.000 Millions | Kingsway Financial Services Inc | 0.82 | $ 20.343 Millions | $ 24.830 Millions | Axis Capital Holdings Limited | 0.75 | $ 1,499.851 Millions | $ 1,988.180 Millions | Amerinst Insurance Group Ltd | 0.51 | $ 1.288 Millions | $ 2.549 Millions | American Coastal Insurance Corporation | 0.50 | $ 264.918 Millions | $ 528.178 Millions |
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